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Author: albaby1 Big gold star, 5000 posts Top Favorite Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122  
Subject: Re: Greetings, Fool! Date: 9/15/2006 3:57 PM
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Ah, markets. The mechanism that allows you to efficiently aggregate the opinions of multitudes in order to value something - in this case, stocks.

Am I right in understanding that you're going to create a virtual market (CAPS) in order to use markets as an information aggregator for a specific population (that subset of your online community that chooses to participate) in order to outperform the same information aggregating mechanism, but one that covers everyone that participates in the equity market (including many of the ones participating in CAPS)?

In other words, using a market to try to beat the market?

A noble experiment, I guess - but I'm afraid I don't understand why this is supposed to work.

Albaby
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